Westport Complex Property Division Lawyers
Serving Fairfield, Greenwich, New Canaan, Darien, Stamford, Weston, Wilton and Norwalk Counties
Connecticut is similar to other states which follow the “equitable distribution” rule. This law provides that property must be divided “equitably” (or fairly) under all the circumstances of each case. If parties cannot settle their case, the court has broad discretion to divide it. All property that is owned by either individual or both spouses is regarded as “marital” property. Thus, the matter of “equitable distribution” in Connecticut can be inherently complex.
Because of this, heated disputes often arise between divorcing spouses, leading to extended litigation. These cases require the understanding and resources of a law firm that can create a successful strategy based on knowledge of all types of assets. At Rutkin, Oldham & Griffin, our team has deep familiarity with these matters and know how to analyze them. We work to help you pursue an equitable division of property which will protect your rights and your best interests in accordance with the law.
Call (203) 428-4476 or contact us online to schedule a consultation to discuss your case.
Issues in Complex Marital Property Division Cases
Complex property issues can revolve around many different types of holdings. You will need an attorney who understands these various assets, is adept at analyzing sophisticated financial documents and transactions, can accurately understand property valuations, and can structure an equitable dissolution for these types of divorces.
Complex property interests can include:
- Multiple real estate holdings, including marital homes, investment properties, and vacation homes
- Closely held businesses and professional practices
- Retirement accounts and benefits
- Executive compensation plans
- Stock portfolios and stock options
- Hedge funds
- Private equity funds
- Other investments
- Other assets such as artwork, vehicles, jewelry, gold, silver, and more
- Debts and liabilities
Many of these types of property require formal valuations or appraisals completed by experts qualified in their field. Experienced accountants may also be needed to determine tax considerations which will apply to the division of marital property, such as retirement accounts, stock options, or investment portfolios. An additional issue that may need to be resolved is the allocation of debt. This too can be a complex and difficult matter that calls for representation by an attorney who can fight for your interests.
How Courts Decide the Division of Property & Debt
If you and your spouse cannot negotiate a resolution, the court will decide how your property and debt will be divided based on an examination of many factors. These can include the duration of the marriage; the cause of the breakdown of the marriage; the age, health, and income of both parties; the occupation, employability, and capacity for obtaining future income and/or property of both parties; what each party contributed to the marriage and the acquisition, growth, and preservation/improvement of the property.
Work with a Leading Family Law Firm
At Rutkin, Oldham & Griffin, our attorneys understand and can help you resolve even the most complex marital and divorce issues. We can apply our extensive knowledge and experience to defending your rights and securing your future.
Schedule your consultation with our Westport property division attorneys online or by calling (203) 428-4476 today.
We understand that no two family law cases are alike. While our clients may be going through similar processes, each case brings a different set of circumstances involving family dynamics, personal histories, financial matters, specific legal needs, emotional challenges, and more. What works for one client may not work for you. We approach each case by taking the time to thoroughly understand all of the details of your unique situation. Our strategies can then be thoughtfully tailored to serve your specific goals and purposes.